Subprime credit card borrowers are delinquent at rates approaching the Great Financial Crisis October 25, 2023 9:13 pm by CWR Sharing is Caring!Subprime is a fancy word for sh*t credit score. See also China's economy faces its largest financial collapse, with bonds yielding under 2%, banks insolvent. Limited credit demand in China drives bond buying, not QE.See also Buying a home right now at these elevated prices makes absolutely zero sense with rates this high. You can smell the desperation of the agents any house you walk into.h/t Mayhem4Markets
